cairo
A month of sizable tech acquisitions on the African continent, as well as some significant product rollouts and funding rounds. Egypt saw some serious acquisition activity in November, with e-payments startup Fawry acquired by a consortium of international financial investors in a deal that values the company at $99 million and will see the company expand outside of Egypt. Launched in 2009, Fawry provides users with secure electronic bill presentment and payment services solutions, and processes over one million transactions each day. Another sizeable acquisition in Egypt saw online food delivery company Hellofood, which has a presence in almost 40…

This story continues at The Next Web